Electroactive Polymers Market to Witness Increase in Revenues by 2016 – 2024

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With having published myriads of reports for global clients, Persistence Market Research exhibits its expertise in the market research field. Our dedicated crew of professionals ride the wave of advanced technologies, such as artificial intelligence, and big data analytics, to project the adoption pattern and consumption trends regarding the market. A three-step quality check process – data collection, triangulation, and validation – is paramount while assuring the authenticity of the information captured.

Global Electroactive Polymers Market Report

The latest business intelligence study by PMR suggests that the global market size of Electroactive Polymers reached US$ xx Mn/Bn in 2018 and is anticipated to register US$ xx Mn/Bn by the end of forecast period with a CAGR of xx%. The research study focuses on the drivers, restraints, opportunities and trends impacting the Electroactive Polymers Market.

All the relevant vendors running in the Electroactive Polymers Market are examined based on market share and product footprint.

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What does the Electroactive Polymers Market research hold for the readers?

  • Market segmentation assessment, including qualitative and quantitative research depicting the impact of economic and non-economic factors
  • Breakdown of each Electroactive Polymers Market player as per mergers & acquisitions, R&D projects, and product launches
  • Leading regions holding significant share in the global Electroactive Polymers Market along with the key countries
  • One to one company profile of prominent stakeholders
  • Critical study of each Electroactive Polymers manufacturer, such as market share, regional footprint, and product innovations

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The Electroactive Polymers Market research clears away the following queries:

  1. Why region holds the largest share in the Electroactive Polymers Market over the forecast period?
  2. Why are stakeholders shifting away from conventional methods for manufacturing Electroactive Polymers ?
  3. In which year, the global Electroactive Polymers Market has the lowest Y-o-Y growth rate?
  4. At what rate has the global Electroactive Polymers Market been growing throughout the historic period?
  5. By end use segment, which segment currently leads the global Electroactive Polymers Market?

And many more…

Competitive Landscape

3M, one of the world’s leading industrial –chemical conglomerate that deals in electroactive polymers, with five lines of business is facing lawsuit. The class action is on behalf of all individuals and entities other than Defendants who bought or acquired publicly traded 3M securities from February 9, 2017 to May 28, 2019.

Earlier, business analyst of a leading financial services company declared the 3M business model to be defeated. Due to this, 3M stock price dropped to 18% below recent level only to be rated as underweight.

Further, according to the analyst, 3M’s woes are beyond simple cyclical fluctuations related to slowing automotive and electronic end users. Instead the problems are structural and puts forth the question if billions spent by the company on recent restructuring will produce material benefits in the forthcoming years.

However, realignment announced by the company a couple of months ago will boost impression among consumers for its multiple line of businesses. The new structure will comprise four business segments: Transportation & Electronics, Consumer, Healthcare, and Safety & Industrial.

Top companies operating in the global electroactive polymers market include 3M, Konarka Technologies Inc., Panasonic Corporation, Artificial Muscle Inc., and Earnex Corporation.

Electroactive Polymers Market – Key Trends

In some developed countries worldwide, expanding significance of artificial muscles for solving complex medical conditions has indirectly spawned demand for electroactive polymers. For example, in 2012, researchers at North Carolina University developed an affordable Braille computer display using electroactive actuators. This helped blind people scan web pages.

Further, adoption of innovative medical devices has led to spurt in demand for electroactive polymers in some parts of the world. For example, in 2014, government of South Korea announced plans for modernization of the healthcare sector. The involved increasing human and capital investments in R&D for the introduction of new medical devices. This, indirectly, prompted expansion of electroactive polymers market.

Among all, conductive polymers held leading share of the electroactive polymers market in the past. Conductive polymers include electromagnetic interference compounds, carbon nanotubes, antistatic additives, and metal fibers. Conducive polymers find use as antistatic materials with applications in transparent displays, commercial sensors, and organic solar cells.

In the future, however, demand for inherently dissipative polymers in the electroactive polymers market is predicted to rise significantly over the forecast period.

Electroactive Polymers Market – Regional Outlook

North America held the leading share of electroactive polymers in the recent past vis-à-vis volume. Vast demand for electroactive polymers for the manufacture of advanced implant devices for medical conditions is a key factor behind the growth of electroactive polymers market in the region. Rising practices of minimally invasive surgeries in the U.S. is another key factor behind growth of electroactive polymers market in North America.

Europe is another key market for electroactive polymers. Countries such as Germany and France that are long-established automobiles centers indirectly fuel electroactive polymers. This is because electroactive polymers are used in a large number of engineering and mechanical products that are used in automobiles.

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This post was originally published on Trading Herald